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  5. SL000951
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Elevator MFG & Maintenance Biz For Sale in Bangalore

Listing ID: SL000951
Posted By: Owner
Last Active: 2+ months ago
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About Business

This ISO 9001:2008 and KVQA-certified elevator company, based in Karnataka, operates in full compliance with the Karnataka Lift Inspectorate Department and adheres to EN81 standards and norms. The company has established strategic partnerships with leading OEM suppliers, primarily from Germany, ensuring high-quality material sourcing and superior engineering standards.

Portfolio:
The firm manages a portfolio of over 1,000+ elevators, maintaining a 98% client retention rate** through its strong maintenance services. Its product range includes high-rise, mid-rise, and low-rise passenger elevators, freight elevators, and dumbwaiters. The company also specializes in customized elevator solutions designed to maximize floor space, offering flexibility for architects and developers.

Clientele:
The company primarily serves end customers, including reputed builders, banks, and industrial corporations. It has built a strong reputation for delivering cost-effective and energy-efficient products, often preferred over multinational alternatives. A large part of its success stems from client referrals and repeat business, supported by the use of advanced serial-based controllers that enhance long-term maintenance relationships.

USP: The company is a completely zero-debt enterprise with a consistent track record of growth and a 23% increase in its AMC (Annual Maintenance Contract) business during FY 2018-19.

Clientele type

The company’s clientele includes construction firms, residential builders, contractors, and related industry professionals.

Premises

The office operates from leased premises.

Asking Price Includes

The transaction will include the company’s clientele, business network, brand goodwill, skilled team, and ongoing projects.

Reason

The founder is involved in other ventures and is therefore seeking an exit from the current business.

Keywords

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Business Tags

Elevator MFG & Maintenance Biz For Sale in Bangalore

₹10 to ₹200 Cr

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    • Will the clients continue with the business after the acquisition?

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